Uniswap v4: Understanding the new version and its implications

Uniswap continues to redefine decentralised exchanges with version 4, which introduces a more efficient architecture and innovative features such as customisable hooks and singleton architecture, reducing costs and increasing the flexibility of the protocol. As competition intensifies, particularly with the rise of DEX on Solana, Uniswap is maintaining its dominant position on Ethereum and exploring new opportunities with Unichain, a layer 2 solution that could enhance the usefulness of the UNI token.